Imposes taxes on petroleum and fossil fuel sales to fund environmental, energy, and agricultural development programs.
This bill imposes taxes on petroleum and fossil fuel sales to fund various environmental, energy, and agricultural development programs. The tax on petroleum products is $1.05 per barrel, with portions allocated to the environmental response revolving fund, energy security special fund, energy systems development special fund, electric vehicle charging system subaccount, and hydrogen fueling system subaccount.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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